Seller's Agent in 2014
Kenneth Clark
HomeSmart
(602) 456-9388
34 Total Sales
818 N 9th Ave Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $353,000 - $639,000
1
Bed
2
Baths
600
Sq Ft
$773/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Evaporated cooling system
- 3-minute walk to Hu-O-Te Mini Park
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of April 2014This is an incredible investment opportunity for CASH FLOWS. This duplex is cash flow-ready. The current owner updated kitchen in the north unit. Both units are move-in ready. Be in the right place for all of the downtown and transportation improvements that are coming along in the next ten years in this area. (see http://www.azcentral.com/community/peoria/articles/20131226grand-avenue-trains-west-valley-revitalization.html) This will be one of the next historic neighborhoods that will benefit from the surge of renovation downtown. Be a part of it!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $483
Year Built
- Built in 1916
Lot Details
- 6,273
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Stucco
Flooring
- Wood Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Phoenix Prep Academy Elementary And Middle School
- North High School
Utilities
- Evaporated cooling system
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 16
- Assessor Parcel Number 111-29-090
Community Details
Overview
- 2 Units
- Building Dimensions are 50X125
- University Addition Subdivision
Building Details
- Operating Expense $2,793
- Net Operating Income $11,907
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2014
Closed on
Apr 2, 2014
Sold by
Korsedal Brian and Archology Now Brian Korsedal I
Bought by
Kubicek Cyrus B
Seller's Agent
Kenneth Clark
HomeSmart
Buyer's Agent
Roger Phillips
Keller Williams Realty Phoenix
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,141
Avg. Annual Appreciation
13.76%
Original Mortgage
$73,840
Outstanding Balance
$56,903
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$417,887
Purchase Details
Closed on
May 25, 2011
Sold by
The Bank Of New York Mellon
Bought by
Archology Now Brian Korsedal Ira Holding
Purchase Details
Closed on
Jan 12, 2011
Sold by
Keller Valli and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Nov 21, 2005
Sold by
Sheldon Brooke Leigh
Bought by
Keller Valli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2004
Sold by
Suburban Properties Llc
Bought by
Sheldon Brooke Leigh and Keller Valli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 16, 2003
Sold by
Mara James Scott
Bought by
Suburban Properties Llc
Purchase Details
Closed on
Jun 10, 2003
Sold by
Mara Kathryn M
Bought by
Mara James Scott
Purchase Details
Closed on
Mar 19, 2002
Sold by
Mara Scott
Bought by
Mara Kathryn M
Purchase Details
Closed on
Nov 10, 1999
Sold by
Redwine Allan K
Bought by
Redwine Allan K and Redwine Robin Lynn
Purchase Details
Closed on
Nov 9, 1999
Sold by
Redwine Robin Lynn
Bought by
Redwine Allan K
Purchase Details
Closed on
May 21, 1997
Sold by
Jobes James Allen
Bought by
Benefit Remer Irwin I
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kubicek Cyrus B | $110,000 | Old Republic Title Agency | |
| Archology Now Brian Korsedal Ira Holding | $46,000 | First American Title Ins Co | |
| The Bank Of New York Mellon | $30,600 | First American Title | |
| Keller Valli | -- | Chicago Title Insurance Co | |
| Sheldon Brooke Leigh | $95,000 | Security Title Agency | |
| Suburban Properties Llc | -- | -- | |
| Mara James Scott | -- | -- | |
| Mara Kathryn M | -- | Capital Title Agency Inc | |
| Mara Kathryn M | $75,500 | Capital Title Agency Inc | |
| Redwine Allan K | -- | Security Title Agency | |
| Redwine Allan K | -- | Security Title Agency | |
| Redwine Allan K | $44,000 | -- | |
| Benefit Remer Irwin I | $7,000 | Ati Title Agency | |
| Jobes James Allen | -- | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kubicek Cyrus B | $73,840 | |
| Previous Owner | Keller Valli | $95,900 | |
| Previous Owner | Sheldon Brooke Leigh | $85,500 | |
| Closed | Keller Valli | $27,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2014 04/11/14 | Sold | $110,000 | -21.4% | $183 / Sq Ft |
| 03/13/2014 03/13/14 | Pending | -- | -- | -- |
| 01/20/2014 01/20/14 | For Sale | $140,000 | -- | $233 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $698 | $5,216 | -- | -- |
| 2024 | $691 | $4,968 | -- | -- |
| 2023 | $691 | $32,080 | $6,410 | $25,670 |
| 2022 | $666 | $21,760 | $4,350 | $17,410 |
| 2021 | $661 | $18,150 | $3,630 | $14,520 |
| 2020 | $669 | $16,880 | $3,370 | $13,510 |
| 2019 | $668 | $14,850 | $2,970 | $11,880 |
| 2018 | $656 | $10,150 | $2,030 | $8,120 |
| 2017 | $641 | $10,220 | $2,040 | $8,180 |
| 2016 | $623 | $8,720 | $1,740 | $6,980 |
| 2015 | $576 | $5,720 | $1,140 | $4,580 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2014
Michelle Conley
HomeSmart Realty
(602) 903-8258
36 Total Sales
-
Buyer's Agent in 2014
Roger Phillips
Keller Williams Realty Phoenix
(626) 251-0111
39 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5057159
APN: 111-29-090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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